Items Tagged with 'farm income'

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Kim Schmidt
From the Desk of Kim Schmidt

Farm Equipment Price Increases Take Hold

When the U.S. announced tariffs on imported steel, there was a lot of speculation — and maybe even fear — about what it would mean for farm equipment prices. Now that the dust has settled a bit, we’re starting to get some answers.
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After Falling in 2016, U.S. Farm Net Income Expected to Begin Rising in 2017

USDA released its Agricultural Projections to 2025 this past week. If the current outlook holds, it could be good news for farm equipment dealers. According to the report, farm net income, which ultimately determines if farmers will invest in capital expenditures (equipment, buildings, etc.), will bottom out in 2016 and begin a gradual rise for the next decade. In all likelihood, it will not reach the levels seen in 2013 and 2014, but it will be an improvement vs. 2015 and 2016.
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Forecast & Trends

Not Everything's Downbeat Down on the Farm

Reading about projections for a significant falloff in net farm income and cash receipts in the year ahead might lead you to think that farmers are in desperate shape. But the fact is after coming off 4 or 5 really strong years, as a whole, U.S. farmers are sitting pretty nicely when it comes to strong assets and low debt levels.
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